In the labyrinthine world of Indian real estate, the "Ready Reckoner" (officially known as the Annual Statement of Rates) is the bible. It dictates the minimum price at which a property can be registered. But the 2001 edition holds a special, almost mythical status in the history of India’s financial capital.

Once you know the rate, you can consult a financial or legal expert to apply the correct historical stamp duty rates, which may have differed from the current rates.

Its primary purpose is to establish a baseline market value for all properties. The government sets a minimum price for each specific area, street, or zone, below which a property cannot be legally registered for sale.